PDF/EPUB The Undoing Project A Friendship That Changed Our Minds Author Michael Lewis – dugisits.co.za


  • Paperback
  • 368
  • The Undoing Project A Friendship That Changed Our Minds
  • Michael Lewis
  • English
  • 02 August 2020
  • 9780393354775

Michael Lewis ↠ 1 REVIEW

REVIEW Ù The Undoing Project A Friendship That Changed Our Minds Rnment regulation and made much of Michael Lewis’s own work possible In The Undoing Project Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality. He suggested a new definition of the nerd a person who knows his own mind well enough to mistrust it Michael Lewis The Undoing Project A Friendship that Changed Our MindsTversky Intelligence Test The faster you realized Tversky was smarter than you the smarter you wereI love Michael Lewis His ability for finding an idea that is centered on a person and then telling that person s story is phenomenal He isn t the only one that does it John McPhee is a master at this angle perhaps THE master Lewis just does it very very well This book is basically a book about the development of behavioral economics or at least the thread of behavioral economics that came from two Israeli psychologists Daniel Kahneman and Amos Tversky These men were two brilliant academics drawn together by a marriage of knowledge and they created a family of ideas related to Cognitive psychology Judgment and decision making Behavioral economics Hedonic psychologyThey wrote revolutionary papers on anchoring and adjustment availability heuristic base rate fallacy conjunction fallacy framing behavioral finance clustering illusion loss aversion prospect theory cumulative prospect theory representativeness heuristicI first heard of these men when I was studying public policy back in my young college days The professor I worked under had his PhD from Chicago and was constantly throwing various funky economic articles etc at us It was through this professor I was first exposed to Steven Levitt and Stephen J Dubner see Freakonomics Dan Ariely AND Daniel Kahneman and Amos Tversky I loved behavioral economics I m not sure what it is about multi disciplinary approaches but I ve always loved them I often find academic fields to be too insular too artificial In a way there are huge gaps that never get covered because they don t fit easily into one field or any field Those academics who are willing to learn another language and take their search for truth beyond economics or math or physics biology chemistry or psychology and utilize the language and processes of other fields THRILL me So while there wasn t much on the academic side here I wasn t already familiar with from things I ve read the lsat 20 years I LOVED reading about Kahneman and Tversky and some of the other minor players in this book Anticancer gaps that never The Feral The last Line Book One get covered because they don t fit easily into one field or any field Those academics who are willing to learn another language and take their search for truth beyond economics or math or physics biology chemistry or psychology and utilize the language and processes of other fields THRILL me So while there wasn t much on the academic side here I wasn t already familiar with from things I ve read the lsat 20 years I LOVED reading about Kahneman and Tversky and some of the other minor players in this book

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REVIEW Ù The Undoing Project A Friendship That Changed Our Minds Forty years ago Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original papers that invented the field of behavioral economics One of the greatest pa. This nonfiction is unlike others Michael Lewis has offered us In this he tries the trick of explaining confusion by demonstrating confusion but near the end of this work we appreciate again Lewis distinctive clarity and well developed sense of irony as he addresses a very conseuential collaboration in the history of ideas Lewis did something else he d not done before as well By the end of this book I was bawling aloud in total sync with what Lewis was trying to convey why humans do what we doDaniel Kahneman is a psychologist who won the 2002 Nobel Prize in Economics What is remarkable about that statement is also what is remarkable about Lewis attempt to explain it Lewis made us feel the chaos and the unlikelihood of such a success in this case of ever finding that one person who complements another so perfectly that the two literally spur one another to greater accomplishment From a vast array of possible choices opportunities and directions come two psychologists Daniel Kahneman and Amos Tversky who together add up to than the sum of their partsOne thing became clear about the groundbreaking work done by Kahneman and Tversky despite the curiosity drive and iconoclastic talent each possessed their moments of greatest crossover relevance came as a result of the involvement of the other This could push the discussion into an examination of the importance of pairs in creativity but Lewis resists that thread to follow what he calls a love story to the end to the breakup of the two men Once the closest of friends and collaborators the reason for their breakup is at least as instructive as anything else Lewis could have chosen to focus on and it makes a helluva story full of poignancy Kahneman was an idea man throwing up new psychological insights constantly beginning with his early work recruiting and training Israeli soldiers for the front line Tversky was a widely admired mathematical psychologist iconoclast and skeptic who challenged accepted thinking and in so doing provided new ways to look at old problems Just by asking uestions he could lead others to find innovative solutions Both Israelis were teaching at the University of Michigan in the 1960s but their paths didn t overlap until later back in Israel In one of the classes he taught at Hebrew University Kahneman challenged guest lecturer Tversky s discussion on how people make decisions in conditions of uncertainty In this instance Kahneman became the iconoclast the skeptic pulling the rug from underneath Tversky The challenge got under Tversky s skin but instead of falling prey to anger Tversky was galvanized Colleagues who saw him at this time recall his unusually intense period of uestioning After a period of time the men came together again and thus began one of the richest and most rewarding periods of intellectual collaboration in modern timesTogether both men were able to isolate some important pieces in the thinking seuences of humans who were presumed to maximize utility in rational logical decision trees It took many years to isolate what struck them as incomplete or incorrect in the accepted thinking of others but what they concluded revolutionized the thinking in several disciplines including economics and baseballLewis s earlier book Moneyball The Art of Winning an Unfair Game discussed how an algorithm assigning different weights to individual characteristics of baseball draft picks could by pass the errors human tend to make when looking over a list of potential players This is related in a distant way to the illogic discovered in the decision trees Kahneman and Tversky discussed and unfortunately Lewis decides to revisit the breakthrough in his own understanding at the beginning of this book Describing that tangential result of the men s essential discovery unnecessarily complicates and obfuscates Lewis central thrust in this book the relationship between two men who supercharge their achievements when they are together Once Lewis settles into the real subject of his book his writing becomes familiarly crystalline filled with science and emotion describing a singularly fascinating taleParticularly interesting is Lewis attention to how ideas develop Lewis tries in several instances to get to the moment of insight and then to the moments of greater insight which might lead finally to upturning accepted beliefs about how one thinks the world must work Happiness and regret both came under the microscopes of these men and it was hugely insightful for them to discover that regret was the impelling emotion People often made decisions to minimize regret rather than maximize happiness This led to the discovery that the value of positive goods decreased after a certain level of attainment while the value of negative bads never lost their bite Which could be another way of describing the apparently supreme need to minimize loss rather than maximize gain Which led to the discovery that people often gamble against what had been perceived as their own interestsThe two men were opposites of one another Kahneman a heavy smoker whose office was messy and disordered and Tversky who hated smoking with an office so well organized it looked empty For a period of almost twenty years during the years of their greatest output they could often be found together talking or writing one another if apart They published hugely influential papers and became the toast of several continents The closeness of the two men appeared to have no discrepancy until gradually over time Tversky became better known and popular in scientific and academic circles The euilibrium of the relationship was thus unbalanced and a period of estrangement led the men in different directions The entire story in Lewis hands is wonderfully moving If you can thrash your way through the thicket of ideas at the entrance to the main repository of ideas in this book prepare yourselves to be utterly delighted طعم گس خرمالو greatest pa. This nonfiction is unlike others Michael Lewis has offered us In this he tries the trick of explaining confusion by demonstrating confusion but near the end of this work we appreciate again Lewis distinctive clarity and well developed sense of irony as he addresses a very conseuential collaboration in the history of ideas Lewis did something else he d not done before as well By the end of this book I was bawling aloud in total sync with what Lewis was trying to convey why humans do what we doDaniel Kahneman is a psychologist who won the 2002 Nobel Prize in Economics What is remarkable about that statement is also what is remarkable about Lewis attempt to explain it Lewis made us feel the chaos and the unlikelihood of such a success in this case of ever finding that one person who complements another so perfectly that the two literally spur one another to Mob Mistress greater accomplishment From a vast array of possible choices opportunities and directions come two psychologists Daniel Kahneman and Amos Tversky who together add up to than the sum of their partsOne thing became clear about the How to Love groundbreaking work done by Kahneman and Tversky despite the curiosity drive and iconoclastic talent each possessed their moments of In the Kingdom of Shadows greatest crossover relevance came as a result of the involvement of the other This could push the discussion into an examination of the importance of pairs in creativity but Lewis resists that thread to follow what he calls a love story to the end to the breakup of the two men Once the closest of friends and collaborators the reason for their breakup is at least as instructive as anything else Lewis could have chosen to focus on and it makes a helluva story full of poignancy Kahneman was an idea man throwing up new psychological insights constantly beginning with his early work recruiting and training Israeli soldiers for the front line Tversky was a widely admired mathematical psychologist iconoclast and skeptic who challenged accepted thinking and in so doing provided new ways to look at old problems Just by asking uestions he could lead others to find innovative solutions Both Israelis were teaching at the University of Michigan in the 1960s but their paths didn t overlap until later back in Israel In one of the classes he taught at Hebrew University Kahneman challenged أنا بدوي دمي guest lecturer Tversky s discussion on how people make decisions in conditions of uncertainty In this instance Kahneman became the iconoclast the skeptic pulling the rug from underneath Tversky The challenge Flashback got under Tversky s skin but instead of falling prey to anger Tversky was After Preservation galvanized Colleagues who saw him at this time recall his unusually intense period of uestioning After a period of time the men came together again and thus began one of the richest and most rewarding periods of intellectual collaboration in modern timesTogether both men were able to isolate some important pieces in the thinking seuences of humans who were presumed to maximize utility in rational logical decision trees It took many years to isolate what struck them as incomplete or incorrect in the accepted thinking of others but what they concluded revolutionized the thinking in several disciplines including economics and baseballLewis s earlier book Moneyball The Art of Winning an Unfair Game discussed how an algorithm assigning different weights to individual characteristics of baseball draft picks could by pass the errors human tend to make when looking over a list of potential players This is related in a distant way to the illogic discovered in the decision trees Kahneman and Tversky discussed and unfortunately Lewis decides to revisit the breakthrough in his own understanding at the beginning of this book Describing that tangential result of the men s essential discovery unnecessarily complicates and obfuscates Lewis central thrust in this book the relationship between two men who supercharge their achievements when they are together Once Lewis settles into the real subject of his book his writing becomes familiarly crystalline filled with science and emotion describing a singularly fascinating taleParticularly interesting is Lewis attention to how ideas develop Lewis tries in several instances to Senior Class Sex Ed get to the moment of insight and then to the moments of fang greater insight which might lead finally to upturning accepted beliefs about how one thinks the world must work Happiness and regret both came under the microscopes of these men and it was hugely insightful for them to discover that regret was the impelling emotion People often made decisions to minimize regret rather than maximize happiness This led to the discovery that the value of positive Marcel Duchamp in Perspective goods decreased after a certain level of attainment while the value of negative bads never lost their bite Which could be another way of describing the apparently supreme need to minimize loss rather than maximize Closed Entrances: Canadian Culture and Imperialism gain Which led to the discovery that people often Hucow Transformation gamble against what had been perceived as their own interestsThe two men were opposites of one another Kahneman a heavy smoker whose office was messy and disordered and Tversky who hated smoking with an office so well organized it looked empty For a period of almost twenty years during the years of their Mortal Gods (Mantles of Power #2) greatest output they could often be found together talking or writing one another if apart They published hugely influential papers and became the toast of several continents The closeness of the two men appeared to have no discrepancy until Mitos e Lendas - Celtas - Irlanda gradually over time Tversky became better known and popular in scientific and academic circles The euilibrium of the relationship was thus unbalanced and a period of estrangement led the men in different directions The entire story in Lewis hands is wonderfully moving If you can thrash your way through the thicket of ideas at the entrance to the main repository of ideas in this book prepare yourselves to be utterly delighted

SUMMARY The Undoing Project A Friendship That Changed Our Minds

REVIEW Ù The Undoing Project A Friendship That Changed Our Minds Rtnerships in the history of science Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies advanced evidence based medicine led to a new approach to gove. This is a great story about two genius psychologists Daniel Kahneman and Amos Tversky They did groundbreaking research that led to improved understanding of how we make decisions Although their personalities were total opposites they found themselves enthralled with one another and collaborated closely for fifteen years Kahneman grew up in France just before and during World War II His father helped his family narrowly escape from the grips of the Nazis over and over again After the war he moved to Israel where he enrolled in the psychology department at Hebrew University He found that there were no highly ualified professors so he really taught himself Then he joined the Israeli army where his psychology training was put into use He was ordered to figure out which candidates for officer training school were most likely to succeed So he designed strange tasks for the candidates to perform and evaluated their test results Amos Tversky on the other hand was born in Israel His personality was totally the opposite of Kahneman s he was outgoing popular and always the optimist He volunteered for paratrooper school and became a platoon commander He received a high award for bravery by saving the life of a fellow soldier at great risk of his own life While handing Tversky the award Moshe Dayan said to him You did a very stupid and brave thing and you won t get away with it again During the Yom Kippur War in 1973 Tversky again was in the heart of the battle and he did some brave but very stupid thingsWhile both Kahneman and Tversky were academic research psychologists they found themselves working on practical problems of real interest to their country They were reuired to design tests and tasks that would help determine the future careers of young soldiers and also help to make other difficult decisions for the country Just after that war Tversky gave soldiers uestions about what motivated them during battles It was not love of country it was obvious soldiers fought for their friends and familiesAt a certain point in their careers the unlikely pair of psychologists got together and began collaborating Their capabilities complemented one another Kahneman was the idea man and Tversky was the genius mathematician Neither of them could say this was my work because it was always a true collaboration They worked on decision theory and the biases and prejudices that keep people from making optimal decisions The book describes their experiments and results and makes for some very interesting reading They showed how people do not really understand probability people are not very good at evaluating the odds of some event happening or evaluating which of two events is likely to happen The book relates how relatively simple algorithms can yield better reliable medical diagnoses than experienced doctors This is also true in many other fields where experts think they have uniue gifts for making decisions The first chapter in the book discusses how this is even true for the case of recruiting basketball players into NBA teamsMichael Lewis book is fascinating throughout and goes through the logic of many of the insights and discoveries that this pair of psychologists made I did find it a little strange that no mention was made of the fantastic best selling book by Daniel Kahneman Thinking Fast and Slow I whole heartedly recommend Kahneman s book to anybody seriously interested in psychology Michael Lewis book is better suited for the general public it is easier reading but not as in depth I have read a few other books by Michael Lewis The Blind Side Evolution of a Game Flash Boys A Wall Street Revolt and also saw the recent movie made from his book The Big Short Inside the Doomsday Machine The Undoing Project is just as good as Lewis other books and I recommend it just as highly In the Kingdom of Shadows gove. This is a أنا بدوي دمي great story about two Flashback genius psychologists Daniel Kahneman and Amos Tversky They did After Preservation groundbreaking research that led to improved understanding of how we make decisions Although their personalities were total opposites they found themselves enthralled with one another and collaborated closely for fifteen years Kahneman Senior Class Sex Ed grew up in France just before and during World War II His father helped his family narrowly escape from the fang grips of the Nazis over and over again After the war he moved to Israel where he enrolled in the psychology department at Hebrew University He found that there were no highly ualified professors so he really taught himself Then he joined the Israeli army where his psychology training was put into use He was ordered to figure out which candidates for officer training school were most likely to succeed So he designed strange tasks for the candidates to perform and evaluated their test results Amos Tversky on the other hand was born in Israel His personality was totally the opposite of Kahneman s he was outgoing popular and always the optimist He volunteered for paratrooper school and became a platoon commander He received a high award for bravery by saving the life of a fellow soldier at Marcel Duchamp in Perspective great risk of his own life While handing Tversky the award Moshe Dayan said to him You did a very stupid and brave thing and you won t Closed Entrances: Canadian Culture and Imperialism get away with it again During the Yom Kippur War in 1973 Tversky again was in the heart of the battle and he did some brave but very stupid thingsWhile both Kahneman and Tversky were academic research psychologists they found themselves working on practical problems of real interest to their country They were reuired to design tests and tasks that would help determine the future careers of young soldiers and also help to make other difficult decisions for the country Just after that war Tversky Hucow Transformation gave soldiers uestions about what motivated them during battles It was not love of country it was obvious soldiers fought for their friends and familiesAt a certain point in their careers the unlikely pair of psychologists Mortal Gods (Mantles of Power #2) got together and began collaborating Their capabilities complemented one another Kahneman was the idea man and Tversky was the Mitos e Lendas - Celtas - Irlanda genius mathematician Neither of them could say this was my work because it was always a true collaboration They worked on decision theory and the biases and prejudices that keep people from making optimal decisions The book describes their experiments and results and makes for some very interesting reading They showed how people do not really understand probability people are not very Blade Runner [Director's Cut]: Amazon.fr: Harrison Ford, Rutger Hauer, Sean Young, Daryl Hannah, Edward James Olmos, M. Emmet Walsh, William Sanderson, Brion James, Joanna Cassidy, James Hong, Ridley Scott, Harrison Ford, Rutger Hauer: DVD & Blu-ray good at evaluating the odds of some event happening or evaluating which of two events is likely to happen The book relates how relatively simple algorithms can yield better reliable medical diagnoses than experienced doctors This is also true in many other fields where experts think they have uniue Cinco gotas de sangre La historia íntima de Antares de la Luz y la secta de Colliguay gifts for making decisions The first chapter in the book discusses how this is even true for the case of recruiting basketball players into NBA teamsMichael Lewis book is fascinating throughout and The Life and Death of Lily Drake (Lily Drake, #1) goes through the logic of many of the insights and discoveries that this pair of psychologists made I did find it a little strange that no mention was made of the fantastic best selling book by Daniel Kahneman Thinking Fast and Slow I whole heartedly recommend Kahneman s book to anybody seriously interested in psychology Michael Lewis book is better suited for the Con el sudor de tu frente: Argumentos para la sociedad del ocio general public it is easier reading but not as in depth I have read a few other books by Michael Lewis The Blind Side Evolution of a Game Flash Boys A Wall Street Revolt and also saw the recent movie made from his book The Big Short Inside the Doomsday Machine The Undoing Project is just as Twin Stepbrothers Inflamed good as Lewis other books and I recommend it just as highly